What is Travel + Leisure's vacation ownership — resort services?

Travel + Leisure (TNL) reported vacation ownership — resort services of $0 in Q1 2026.

What does vacation ownership — resort services mean?

Includes the direct costs of providing on-site hospitality and maintenance services to vacation ownership resorts. This metric reflects the operational intensity required to maintain high-quality guest experiences at managed properties.

Travel + Leisure TNL Vacation Ownership — Resort services

Similar metrics at other companies

DISResorts and vacations — Revenue

$2.56B+8.7%

MTNResort Expenses Net

$619.14M-4.5%

RHP

RHPHotel Other — Cost of Goods Sold

$144.62M+16.7%

SUIOther occupancy

$140.8M+7.2%

MTNMountain Operating Expense — Resort related fees

$55.6M-0.2%

MTNLodging Operating Expense — Other Expenses

$20.92M+5.2%

Other financials

Income statement

See full

Revenue$961.0M+2.9%

Gross profit$926.0M+1.6%

Operating income$159.0M+1.9%

Net income$79.0M+8.2%

EPS (diluted)$1.22+14.0%

Balance sheet

See full

Cash & equivalents$456.0M+24.3%

Total debt$4.7B+11.9%

Total equity-$1.0B-13.2%

Total assets$6.8B+1.1%

Cash flow

See full

Operating cash flow$38.0M-68.6%

CapEx$19.0M-9.5%

Free cash flow$19.0M-81.0%

Valuation

See full

Market cap$4.79B+39.8%

Profitability

See full

Gross margin93%-4.9pp

Operating margin14.3%-4.8pp

Net margin10.4%-0.6pp

FCF margin10.9%-0.7pp

Returns & leverage

See full

Return on equity122.1%—

Debt / equity6.6×—

Current ratio1.2×—

Where this comes from

Reported directly by Travel + Leisure in its filing.

Tagged under the XBRL concept wyn:ResortServices.

The official record: Travel + Leisure’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

Ask your AI about Travel + Leisure's vacation ownership — resort services.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Travel + Leisure's vacation ownership — resort services?: Travel + Leisure (TNL) reported vacation ownership — resort services of $0 in Q1 2026.
What does vacation ownership — resort services mean?: Includes the direct costs of providing on-site hospitality and maintenance services to vacation ownership resorts. This metric reflects the operational intensity required to maintain high-quality guest experiences at managed properties.